₦airaland Forum

sunnyb0b0:
You are being disingenuous here bro but I won't let you hoodwink the gullible masses on Nairaland. The article stated that quarter on quarter, the revenue declined by as much as 38.5% in naira that is. Now, considering that the naira has been devalued so much between the two periods in comparison, a succinct analysis requires that you convert the naira earnings in both periods into dollars (at the prevalent exchange rates in each period) then make a comparison since Nigeria earns dollars from these export transactions.

If you do this, you'd realise that the drop in earning is more than 50% in real terms ie in dollars.

Don't you realise that with this submission you are further indicting Gej the jerk? You yourself said there is a 38% due to a decline of the naira. Now assuming naira is 155 to a dollar as was under GEJ ( comparing like for like) will you still have a decline?

The 38% decline in pure profit is eroded by the decline in the naira assume the naira was same as it was under the jerk?

sunnyb0b0:
Bro, I don't seem to get your point.

I read your one sided analysis and can't be laugh. Now let me ask you some questions, if there is -38% ( a negative) pure profit accrued the country in the period under review, and like you rightly posited, it is due to a decline in naira. What then is responsible for a decline int the naira?

Especially considering the fact that the value of naira refused to appreciate when the value of crude was circa $150.

How come the foreign reserve was declining instead of appreciating when the value of crude was high and it even depreciated further now that the value of crude has declined by close to 60%?

Some on here forming they know shiit whereas they know jack. Let's put it in perfective.

Comparing the second quarter 2015 ( April to June) with second quarter 2014 ( April to June) there is just 0.5% difference ( 2014 figures just 0.5% higher than that of 2015).

Now PDP fans are quick to point to the falling prices of crude in the world market as the reason for the sharp decline of the naira, let's use the same yardstick to judge GEJ/jerk and PMB here.

In second quarter 2014, oil was sold above $100 and it constituted 90% of our export income, according to new figures from NBS states oil which is been sold at $49 ( over 50% decline) now constitute 87.3% of our export.

Now the question to ask the jerk of an ex president is, if there is a 50% decline in prices of oil, how come 2014 figures are just 0.5% higher than 2015 figures?

In 2014 Nigeria was selling oil for over $100 While in 2015 it is selling for less than $50, how come the country's revenue when oil ( which formed close to 90% of our revenue) was $100 a barrel almost at par with when oil is now $50 ( halved) a barrel?

Yet some will call the jerk a saint. He is nothing but a jerk. A presidency miss road.

bobbiekrantz:
Another failed propaganda and lies from the Miserable bluffing lying liars!!

The funniest thing is that even their lies confuses the Pathetic nitwits (APC)!!!


Another expected Failure from the APC

Must you bring APC in this? This is a PDP chieftain talking about another PDP chieftain. Stop being such a disgrace.

Read you won't read but would rather fight for first to comment.

Later they will say men are wicked. There is an idiott like that I have been talking to on facebook, I really like her but I needed to get over my ex fully, we were communicating and when I finally made my intentions know, she agreed only for me to discover that she was engaged a week before.

She got married in May while we were to go out on a date in April.

They are even abusing the baby by wearing him a Chelsea beeb.

honeric01:
See how you expose your mental level? a question was asked but you ended up insulting me which is against the rule of this forum and liable to a ban because i didn't insult you in my comment. i give you room to modify your comment or you get the deserved punishment.

The deserved judgment my foot. You asked a very insulting question.

We were debating, if you don't have anything meaningful to contribute to the debate, then you should shut up and not tell me "what stops you from buying your own club and paying them $10,000".

You are a moderator counts for f all. Ban me if you want, doesn't take away the fact that you acted silly.

Waiting for 365 million years ban.

taiocol:
the player don't have proper contract with the club and you don't expect LMC TO agree contract with the club for there player,


it's not fired, there were relieved of there contract. which is even attainable in the EPL

This is not obtainable in the premier league. Get your facts right. Arsenal for instance have told Flamini to leave but the Frenchman isn't willing to leave until they pay him off. Whats the duty of the LMC? Why are they the league managers? Are the players not part of the said league?

What are they managing if the welfare of the key actors - the players, is not paramount to them?

honeric01:
What is stopping you from buying one of the clubs and paying your players $10,000 monthly?

If you are half as intelligent as you think you are, you will know this is a forum, we debate. Dumbo.

Ajibel:
Bros, LMC had to make the limit #150k. Do you know that even some clubs cant still afford to pay that? So you want LMC to put it at 500k, then we would have no league. All these clubs are govt sponsored besides 2, so the fee is reasonable. You would be unfair to LMC to blame them for putting the minimum wage at 150k.

Is it the LMC's responsibility to punishh Dolphins? There are Player unions. Bros, maybe you should go read up on what LMC was formed for before you think they are here to do everything including fixing bad stadia. Most players dont know their right and that is the responsibility of Players union/ Club management and not LMC...

If there are players' fright, what makes you or LMC think the league will be attractive to would be sponsors? Why do you think UBA for instance will sponsor Enyimba when they have the opportunity of doing same for Arsenal or Chelsea for instance.

If LMC, NSC and NFF are truly serious about the league, it is not by forcing the companies. The Japanese league, Korean league and India leagues are not so great but you will never hear Samsung, Alibaba, Emirates and co who are from these countries been stopped from sponsoring other leagues.

It is not the would be sponsors' duty to make the league attractive, the NFF, NSC and NFF should do that and naturally the sponsors will come.

Take for instance the deal with Adidas, compare what with get with them to what other nations that are not even up to our level get. It is not the sponsors who are to blame, it is the irresponsible attitude of the government.

Ajibel:
Another uninformed Poster

Ensuring standard in stadia: Do you know that some clubs have been banned from playing in their stadium, until they fix their respective stadium Aboout 16 clubs were affected.

Do you know that LMC has already set a minimum amount to be paid at #150,000 and any club that doesn't pay their players and they get information of such, they'll deduct points from such club till they pay their players

LMC can only enforce rules IF the players are willing to co-operate. Two dolphins players reported the club to the LMC over non-payment, today, the players are no longer with the club. They were fired! So, players are scared to report their club.

You just called me uniformed and you just posted exactly the same thing I was kicking against.

Why do you think a player will refuse an offer to collect $2000 or N300,000 per week to play in a league where minimum is N150,000 per month?

And you say two players were fired, so why is that the problem of the players? What did LMC do to that? What are the rights of the players? Can such be attainable in England or even in India? Be honest.

barcanista:
Allowing clones free access will only cause harm to NL.

But it was okay when pro APC members' monikers were clone right?

Your attention seeking knows no bound.

PassingShot:
While I don't support cloning of monikers, I am appalled at the guy's and his colleagues hypocrisy on this issue.

When my moniker was cloned, they all saw nothing wrong and even praised the guy then.

Trust Seun to ban Barcansta if he has not already. He will probably ban me too, done it before and won't surprise me a bit.

barcanista:
Thanks for drawing my attention. Ecoterrors has earlier informed me and Í petitioned the Moderators (Lalasticlala, Ishilove and Obinoscopy) through the Report button but they are yet to act. If the PDP comrades decide to create "clones" of pro-APC posters, this forum won't be habitable for anybody.

@Lalasticlala and Ishilove, please do justice to avert a situation where the victimised will take laws into their hands.

If seun and his moderators acede to your demands then that will be truly dacorian. Is there a law that stops anyone from creating whatever moniker they so want?

If there is no such law, then what's the cry for? You can't punish someone on a law that doesn't exist.

LMC is mad if they think this is what will make the league attractive. How about ensuring a certain standard in the stadia? How about having a fix amount as the minimum weekly wage for players? In England, when you are on a professional contract with a club in the EPL you get not lower than £15,000 a month. A situation whereby players are been paid 150,000 naira a month is extreme madness.

The biggest challenge facing the league if the flight of players from the league. A situation whereby our players will find the league attractive should be worked on.

Commend the clubs to pay the players well and half of the problem is solved.

I know the feeling. You won't know until you have successfully mentored/taught someone. It is a sweet feeling. Especially coming in a subject as tough as mathematics.

NgeneUkwenu:
And One Useless Pastor Called Kukah Is Still Talking About Amnesty For That Thief Called Jonathan....Smh! Only in Nigeria!!!!

Don't blame Kukah, he is suffering from "my region syndrome" there is still no cure for that deadly disease.

Anyone know if shares of darstaat is still listing on the exchange? I smell business opportunity.

brianero24:
rip to the death
but seriously this shit of a country is not worth dying for
anyways RIP

Nobody stops you from denouncing your nationality ignoranmus.

I don't know why women have all of a sudden decided to prefer going about naked.

Same people you mistake barge into a room while they're dressing will be shouting like they don't do it on their own.

Bugatie:
He better send them to the village where dey go fetch firewood and stream water

he did but you won't know as you didn't bother reading article. Time to send you to professor Wole Soyinka maybe you leave to read and not fight for first to comment.

Cheeky fact.

Sagamite:


I never even know such decree existed.

That is not a rule, that is a decree.

Seun and his moderators have banned me about 5 times for it.

Sagamite:
The same people that would put news to stoke "Us vs Them" fire on FP are people you expect to think laterally about "national unrest"?

You have forgotten how many "SA did this against Nigeria" you have seen on the FP?

Keep deceiving yourself.

It is all about driving people to the site. The quality of the people does not matter, just let them come.

It is a STUNNING tabloid forum that STUNS us with its STUNNING front page stories.

Average IQ on the forum?

Minus something digits.

It is shocking and when you take him on, he will ban you and say rule 20 "Never try to INCITE people against moderators and admins. Please obey, respect, and cooperate with them."

It is a shame.

Picture?

Like terms attract, unlike terms repel. You attract the type of person you are. Most of you girls fall victim because you are picky for the wrong things. He is handsome, he is rich, has good house - quite alright, those things are good, but they are not a must.

Sagamite:
How do you expect him to comment on the "veracity" of manufactured lies?

If I told you Mongolians used to travel many miles in the middle ages to come and hunt in Sagamu, would you think it is your obligation to prove the veracity of such claims or it should be on me?

The person that needs to state the veracity of the moronic claims is the fuuktard, erunz, who put it up with the lie that it was a CNN report.

Just a quick check of his profile would have told you he is a paid PDP internet warrior employed by some crooks to create distracting stories.

https://www.nairaland.com/erunz/topics

And given the opportunity by Seun and his moderators to spread falsehood.

I stand being banned but fact is fact. It is time Seun and his moderators accepted the fact that they need to verify what they put on the home page for nairaland has grown to such a level whereby anything promoted to the front page can cause national unrest.

Now I expect my ban for saying the truth.

1miccza:
GEJ is not Buhari he does not even have half the liver to prosecute these rtd Generals,he didn't try at all,yet see what they did to his Government. Wether you want to believe it or not,the reality is this nation has been and still is being run by the military,retired or not hence the emergence of Buhari... GeJ was more like a fly in a cup of honey to them.....

If he didn't have half the liver, then whats the complaints all about?

HIGHESTPOPORI:
GEJ was working,didn't have the time to be chasing shadows and withunting any past Leaders!

Good. Then open your mouth to praise PMB as what GEJ could not do in 5 years, he is doing in 1 year. And if it is shadows as you call it, why do you lot lament. It is shadows then it shows he won't find GEJ of any wrong doing.

If thats the case, can you lot stop making noise and let him do his work?

1miccza:
He isn't doing it singlehandedly,all the EFCC has to do is bring up their case files,investigate and issue out summons to every one of them if found guilty.. Is that too hard to do? Must he start from one person?it's not like he's doing it from the oval office,all he does is simply signing documents that's all...

Why was it hard for GEJ to do?

Stanbic fada.

So this nonsense still exists. Rubbish traditional. Abobaku ko, Abobadie ni.

1miccza:
It doesn't also negate the fact that Buhari should probe every one of them if he has the balls to...

Yes. Thats a fact. But can you give the old man a chance to start from somewhere? He has decided to start with GEJ. You all called him a saint, if he was such a saint, then why you lot scared.